Latest news with #Cement
Economic Times
5 days ago
- Business
- Economic Times
JSW Cement IPO GMP Live Updates: JSW Cement IPO Kicks Off today. GMP at 3%. Apply or Avoid?
07 Aug 2025 | 08:35:00 AM IST JSW Cement IPO Live Updates: JSW Cement, a subsidiary of the diversified JSW Group, will open its ₹3,600 crore IPO for subscription today. The public offering includes a fresh issue of ₹1,600 crore and an offer-for-sale (OFS) worth ₹2,000 crore. Priced in the range of ₹139 to ₹147 per share, the IPO will remain open until August 11. The shares are slated to list on both the NSE and BSE, with a tentative listing date of August 14. JSW Cement IPO Live Updates: JSW Cement, a part of the diversified JSW Group, will open its ₹3,600 crore initial public offering (IPO) for subscription today. The offer includes a fresh equity issue of ₹1,600 crore and an offer-for-sale (OFS) worth ₹2,000 Cement IPO GMP: The IPO has seen modest interest in the grey market, with a current grey market premium (GMP) of 3%, reflecting subdued listing expectations amid broader market volatility and concerns over recent financial Cement IPO Price Band and Lot Size: The JSW Cement IPO is priced in a band of ₹139 to ₹147 per share. The lot size for the JSW Cement IPO is 102 shares, requiring a minimum investment of ₹14,178 for retail individual Cement IPO Opening Date and Subscription: The JSW Cement IPO will be open for subscription from August 7 to August 11, 2025. The allotment of shares is expected to be finalized on Tuesday, August 12, 2025. Show more
Time of India
5 days ago
- Business
- Time of India
JSW Cement IPO GMP Live Updates: JSW Cement IPO Kicks Off today. GMP at 3%. Apply or Avoid?
07 Aug 2025 | 08:22:28 AM IST JSW Cement IPO Live Updates: JSW Cement, a subsidiary of the diversified JSW Group, will open its ₹3,600 crore IPO for subscription today. The public offering includes a fresh issue of ₹1,600 crore and an offer-for-sale (OFS) worth ₹2,000 crore. Priced in the range of ₹139 to ₹147 per share, the IPO will remain open until August 11. The shares are slated to list on both the NSE and BSE, with a tentative listing date of August 14. JSW Cement IPO Live Updates: JSW Cement, a part of the diversified JSW Group, will open its ₹3,600 crore initial public offering (IPO) for subscription today. The offer includes a fresh equity issue of ₹1,600 crore and an offer-for-sale (OFS) worth ₹2,000 Cement IPO GMP: The IPO has seen modest interest in the grey market, with a current grey market premium (GMP) of 3%, reflecting subdued listing expectations amid broader market volatility and concerns over recent financial Cement IPO Price Band and Lot Size: The JSW Cement IPO is priced in a band of ₹139 to ₹147 per share. The lot size for the JSW Cement IPO is 102 shares, requiring a minimum investment of ₹14,178 for retail individual Cement IPO Opening Date and Subscription: The JSW Cement IPO will be open for subscription from August 7 to August 11, 2025. The allotment of shares is expected to be finalized on Tuesday, August 12, 2025. Show more
Bloomberg
28-07-2025
- Business
- Bloomberg
Dangote Cement's Profit Jumps the Most in Six Years to Record
Profit at Dangote Cement Plc, controlled by Africa's richest person, jumped the most in about six years to a record helped by a stable naira and higher prices of the construction material. Net income at the firm controlled by billionaire Aliko Dangote — who retired as chairman of the company on Friday — more than tripled to 309 billion naira ($202 million) in the three months through to June from 76.6 billion naira a year ago, according to a company statement.
Time Business News
18-07-2025
- Business
- Time Business News
Cement Suppliers Bolton – Trusted Sources for High-Quality Construction Materials
When it comes to any construction project—residential, commercial, or industrial—the foundation of success lies in the quality of materials used. Cement, being one of the most critical building blocks, must be sourced from reliable and reputable vendors. That's why choosing Cement Suppliers Bolton can make all the difference in ensuring your build stands the test of time, weather, and usage. Whether you're laying foundations, constructing walls, or mixing concrete for paving, working with trusted local cement suppliers gives you access to superior materials, expert advice, and prompt delivery—all essential for staying on schedule and within budget. High-grade cement ensures better durability, strength, and longevity in any construction project. Inferior cement, on the other hand, leads to cracking, moisture penetration, and long-term instability. Sourcing from reputable Cement Suppliers Bolton guarantees consistent quality and compliance with building regulations. The right supplier offers competitive pricing, bulk order discounts, and efficient delivery services. By partnering with reliable suppliers, builders reduce waste, avoid costly delays, and gain better control over project budgets. Top cement suppliers adhere to British Standards (BS EN 197-1) and offer materials that are CE certified. This guarantees consistency in composition, fineness, setting time, and strength. Trustworthy Cement Suppliers Bolton provide clear data sheets on each product, including strength class (32.5N, 42.5N, 52.5N), composition, and recommended use cases (foundations, mortar, screed, etc.). Check online reviews, testimonials, and case studies. Suppliers with a proven track record in Bolton's construction community are more likely to deliver reliable service and products. Understanding your material needs helps you choose the right product for the job. Reputable suppliers offer a range of options: Ideal for general construction work Fast setting High compressive strength Useful for time-sensitive builds Gains strength quickly Often used in road repairs Best for foundations in sulphate-rich soils Increases structural integrity Used for decorative finishes Provides a clean, polished look Knowledgeable Cement Suppliers Bolton can help you select the perfect type of cement based on your specific needs and site conditions. Sourcing cement from within Bolton cuts down transport time and ensures faster delivery—even for urgent requirements. Experienced Cement Suppliers Bolton are familiar with the local climate, soil types, and common building challenges—allowing them to offer tailored solutions and support. Local suppliers often reduce their carbon footprint by sourcing raw materials closer to home and offering eco-friendly packaging and delivery methods. Depending on your project size, choose a supplier who can cater to both large-scale and small-volume requirements. Lower cost per tonne Streamlined delivery Fewer site disruptions Pre-bagged cement in 25kg sacks Ideal for home renovations or garden structures Easier to store and handle Top Cement Suppliers Bolton offer both options, ensuring you never pay for more than what you actually need. Beyond just delivering cement, great suppliers offer a range of complementary services: Expert technical support Custom mixing options Concrete block supply Aggregates, sand, and ballast bundles On-site consultations These extras streamline the construction process and ensure seamless material management throughout your project timeline. Keep bags elevated and away from moisture in a dry, covered area. Improper storage leads to clumping and reduced strength. Even the best cement won't perform well if paired with poor-quality sand or gravel. Use clean, properly graded aggregates for best results. Cement begins setting as soon as it's mixed. Always follow the recommended water-to-cement ratio and use mixes promptly to avoid waste. Whether you're a contractor working on large-scale developments or a homeowner undertaking a DIY project, finding the right Cement Suppliers Bolton is crucial. Quality cement not only ensures strength and safety but also affects every stage of construction—from planning to finish. If you're searching for a supplier that combines premium-grade materials with local expertise and dependable service, Bolton Plant Hire stands out as a trusted name. Their commitment to customer satisfaction, fast delivery, and high-quality construction products has made them a go-to source for builders across Bolton. TIME BUSINESS NEWS
Time of India
03-06-2025
- Business
- Time of India
UltraTech's grounded approach to marketing cement in India
HighlightsUltraTech Cement, a subsidiary of Aditya Birla Group, has shifted its marketing strategy from hyperbolic advertising to focusing on consumer needs, especially targeting first-time home builders with the campaign 'UltraTech Se Pucho', which leverages technology for personalized assistance. The brand has successfully engaged with rural markets, achieving over 12 million interactions through its tech-enabled solutions, and has received 8,900 valid entries in its 'Yashasvi Sarpanch' campaign, highlighting its commitment to empowering local community leaders. UltraTech Cement's 'Banega Toh Badhega India' campaign, featuring collaborations with popular influencers, has reached over 500 million people and significantly increased the brand's perception as a nation-builder, demonstrating the impact of infrastructure on societal progress. In the last decade, we have seen cement brands using hyperbole as their central advertising theme. The Ancient Greek Gods must be proud of all of them for using it to its optimum. For those who are wondering, like many good things, the term hyperbole also comes from Ancient Greek. These ads took center stage for their creativity, but their popularity also died down just as quickly. While many brands from the category were experimenting with this hook, Aditya Birla Group 's UltraTech went back to the boardroom to identify its fundamentals and need gaps. UltraTech is not just a business-to-business (B2B) brand. In fact, today, 70% of its business is business-to-consumer (B2C), and two-thirds of it comes from rural pockets. That meant they had a wider consumer base to cater to. According to the research done by UltraTech, buying a house today is no longer just a retirement plan. The average age of an Indian building a home is 35. That's a consumer segment that experiments and is making the biggest investment of their lives to prove their 'competence to society.' The brand also understood that category knowledge is considerably low amongst its consumer base. According to Ajay Dang , President and Head of Marketing at Ultratech, that was enough groundwork for his 50-member marketing team and him to draw up strategies that would drive business growth as well as set the right tone for the brand. "Most marketers are obsessed with their brand, product, and category. We are out there to solve our own problems and those of the people who come to us for a purchase. Also, do remember consumers treat brands as leaders who behave like leaders," said Dang. Strategies for first-timers In the past year, UltraTech has used various marketing funnels to bring its insights to life. For instance, the brand identified that building a home is a significant, often uncertain, undertaking for first-timers. Common initial questions revolve around material selection, budgeting, and avoiding mistakes. To address this, the brand launched a mega campaign called, "UltraTech Se Pucho," positioning itself as a supportive partner by offering comprehensive, tech-enabled assistance throughout the home-building process. The brand leveraged emerging technologies like AI Vision, Augmented Reality (AR), and Generative AI to deliver personalized, location-specific, and contextually relevant advice at scale. Capitalizing on its extensive outdoor presence (1.9 billion brand logos across hoardings, wall paintings, dealership boards, cement bags, etc.), UltraTech transformed these static logos into accessible home-building experts via mobile scans. The platform also integrated its digital ecosystem with over 7,000 physical UltraTech dealerships, ensuring access to expertise regardless of the user's location. This distributed execution effectively utilized India's growing mobile-first ecosystem, particularly in Tier 2, Tier 3, and rural markets. Results? Over 12 million home builders interacted with the platform, demonstrating high repeat usage due to personalized, real-time assistance. More than 50% of interactions originated from rural and semi-urban regions, highlighting the solution's success in democratizing access to expert guidance. The campaign achieved a reach of over 55 million people, with digital and offline touchpoints working together for maximum exposure. Dang believes this was only possible because they went on the ground to understand the pulse of the consumers. "Most marketers think of themselves as storytellers. However, I believe great storytellers are first great listeners. We've been very deep listeners. We bunk a lot of quote-unquote traditional insights because we've genuinely heard people out. I believe in a way we are also nudging the rest of the category a bit in the process," he said. Reaching the grassroots India's villages, home to 65% of the population, possess significant untapped potential and aspirations. However, infrastructural gaps, geographic remoteness, and limited access to expertise often hinder the realization of these aspirations. UltraTech aimed to align with the developmental goals of rural India, striving to foster tangible progress and reinforce its brand philosophy: 'Gaon Banega Toh Desh Badhega'. The brand sought to position itself as a trusted partner in enabling village transformation by bridging infrastructure gaps and building emotional connections. UltraTech targeted key influencers in these communities: Gram Sarpanches. These individuals are not only key decision-makers and community trust builders but are also considered aspirational figures. The brand also targeted rural independent home builders. Through the " Yashasvi Sarpanch " campaign, UltraTech celebrates, empowers, and spotlights the stories of Sarpanches as grassroots changemakers. This was facilitated through a call for entries across various media outlets and was rolled out in Rajasthan, to begin with. A dedicated digital platform was created to manage nominations, publish entries, display the jury, evaluation criteria, and showcase winners, ensuring transparency and accessibility. A voice-led content innovation using WhatsApp voice notes was implemented to deliver campaign news and inspirational stories directly to rural users in a mobile-first format. SMS and outbound dialers (OBDs) were utilized to reach low-internet zones, providing essential campaign updates and nomination reminders. These tech-enabled solutions not only addressed the challenges of the digital divide and media fragmentation but also established a scalable model for future rural activations. Results? Out of 11,340 targeted Sarpanches, 8,900 valid entries were received, resulting in a 70% engagement rate. This high engagement highlighted the deep penetration and relevance of the campaign. However, Dang believes that the human impact of the campaign was far more effective for the brand. He also thinks that's because the brand is consciously looking at consumers as people first. 'We are very passionate about the people that we serve. We don't aggressively advertise on digital but we use the medium to create valuable content for people who are looking to understand the category,' he adds. A brand for new India With India putting its energies into building strong infrastructure, brands like UltraTech are moving in that direction too. UltraTech wants to position itself as a nation-builder. That's why and how the brand built the campaign, "Banega Toh Badhega India" (If it's built, India will progress). The campaign highlighted that the impact of infrastructure on human lives is more important than its grandeur. To drive this conversation, the brand collaborated with influencers who are voices shaping contemporary culture. From mega-superstar Shahrukh Khan to influencers like Karishma Mehta , Nikhil Sharma , Nilesh Misra, Saransh Goila, and Abhi & Niyu, among others, put together stories to amplify the campaign. A few other activities were also added to this strategy. Results? This piece reached over 500 million people across digital platforms ranging from podcasts, news, and creators. It engaged with 18 million-plus CTV affluent audiences with a VTR of 95%. The perception of UltraTech as a nation-builder increased 2X from 8% to 16% among the general audience and 3X among campaign viewers. Dang is of the opinion that working on disruptive campaigns like these almost makes him feel like Sherlock Holmes. He signs with this note, 'There are enough clues out there which stare at you (insights) which help you to make smart decisions (strategies).' The brand will focus on continuing to create high-impact campaigns and explore newer subcategories to stay ahead of the curve. (UltraTech was the 'Disruptive Brand of the Year' at ET Brand Equity's Brand Disruption Awards 2025.)
